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The Indian Succession Act, 1925 is a law in India that governs the inheritance and succession of property and assets of individuals. It lays down the rules and procedures for the administration of the estate of a deceased person, the distribution of property among heirs, and related matters. Here are some of the salient features of the Indian Succession Act, 1925: 1. Applicability: The Act applies to the whole of India except the state of Jammu and Kashmir. It is applicable to all persons, irrespective of their religion or nationality, with certain exceptions for specific communities. 2. Testamentary Succession: The Act provides provisions for testamentary succession, which means the distribution of property according to the will or testament of the deceased person. It establishes rules regarding the creation, execution, and revocation of wills. 3. Intestate Succession: In case a person dies without leaving a valid will, the Act governs the rules of intestate succession. It defines the order of priority among the legal heirs who are entitled to inherit the property of the deceased. 4. Executors and Administrators: The Act recognizes the role of executors and administrators in the administration of the estate of a deceased person. Executors are appointed by the testator (person making the will) to carry out the directions mentioned in the will. Administrators are appointed by the court in cases where there is no valid will or when the executor is unable or unwilling to act. 5. Distribution of Property: The Act provides guidelines for the distribution of property among the heirs. It specifies the shares and rights of the different categories of legal heirs, including spouse, children, parents, and other relatives. The Act also includes provisions for the distribution of ancestral property and the rights of adopted children. 6. Rights and Liabilities of Executors and Administrators: The Act defines the rights, powers, and duties of executors and administrators. It outlines their responsibilities in managing and distributing the estate, payment of debts, collection of assets, and settling disputes related to the succession. 7. Succession Certificates: The Act empowers the court to issue succession certificates to establish the legal right of a person to receive the debts and securities of a deceased individual. These certificates are often required for transferring bank accounts, stocks, and other assets. 8. Limitation Period: The Act sets a limitation period within which claims and disputes related to succession must be filed. This helps in ensuring timely resolution and prevents long-standing litigation. 9. Contingent and Conditional Wills: The Act allows for the creation of contingent and conditional wills. A contingent will becomes effective only upon the occurrence of a specified event, while a conditional will depends on the fulfilment of certain conditions mentioned in the will.
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Qualification: LLB (Law department , Burdwan University - 2009)
Teaches: Civil Laws, Company Laws, Constitutional Law, Contract Act Laws, Criminal Laws, Jurisprudence
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